WATERLOO, ON, Sept. 12,
2024 /CNW/ - Definity Financial
Corporation (TSX: DFY) will host its inaugural Investor Day
event in Toronto on Thursday, September 19, 2024 with formal
presentations by senior executives beginning at 9:00 a.m. ET. The event is expected to conclude
by approximately 12:00 p.m. ET.
Definity is focused on its ambition to be one of Canada's leading and most innovative insurers
and on its promise of making insurance better for its customers,
employees, broker partners, and communities. Definity is delivering
on its performance targets while maintaining a focus on its
strategic objectives and disciplined financial management.
The event will feature presentations from:
- Rowan Saunders, President
& Chief Executive Officer, who will share details on
Definity's strategy;
- Paul MacDonald, Executive
Vice President, Personal Insurance & Digital Channels, who
will present how Definity intends to profitably scale in both the
broker and direct channels;
- Fabian Richenberger,
Executive Vice President, Commercial Insurance & Insurance
Operations, who will outline how the company will continue to
drive profitable growth across its commercial insurance business
and provide details on the company's ongoing claims transformation;
and
- Philip Mather, Executive Vice
President and Chief Financial Officer, who will outline
Definity's approach to capital deployment, including organic levers
to enhance operating ROE and M&A readiness.
Additional members of the executive leadership team will be
available during the Q&A sessions.
Board Chair John Bowey will also
be in attendance.
A link to access the live webcast is available in the Events and
Presentations section of Definity Financial Corporation's Investor
Relations website. The video replay and transcript will be
available following the event.
About Definity Financial Corporation
Definity Financial Corporation (which includes its subsidiaries
where the context so requires) is one of the leading property and
casualty insurers in Canada, with
over $4.3 billion in gross written
premiums1 for the 12 months ended June 30, 2024 and over $3.0 billion in equity attributable to common
shareholders as at June 30, 2024.
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1 "Gross
written premiums" is a supplementary financial measure composed of
the total premiums for sale of insurance during a specified period
including premiums assumed.
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Forward-Looking Statements
This news release may contain forward-looking information within
the meaning of applicable securities laws, which reflects
Definity's current expectations regarding future events and
performance. Forward-looking information is based on a number of
assumptions and is subject to a number of risks and uncertainties,
many of which are beyond Definity's control. Such risks and
uncertainties are included in the "Cautionary Note Regarding
Forward-looking Information" section of the Company's Q2-2024
Management's Discussion and Analysis dated August 1, 2024 and the "Risk Management and
Corporate Governance" sections of Definity's Management's
Discussion and Analysis for the year ended December 31, 2023, each of which is available on
our web site at www.definityfinancial.com or on SEDAR+ at
www.sedarplus.ca. Actual results could differ materially from those
projected herein. Definity does not undertake any obligation to
update such forward-looking information, whether as a result of new
information, future events or otherwise, except as expressly
required under applicable securities laws.
SOURCE Definity Financial Corporation
